Economic Report on Florida's 2013 Job Growth

| 1/30/2014

2013 Job Losses

Total Government was the only main category that experienced job losses in the 2013 calendar year. The largest loss was in Federal Government. Although state government employment also dropped, local government employment actually increased by 1,900 jobs. This is a change from 2012, when all government sectors showed job losses.

Total Government

Dec. 2013

Dec. 2013

Federal

132,600

130,100

(2,500)

State

207,200

206,100

(1,100)

Local

733,700

735,600

1,900

Conclusion

Florida’s economy continues to produce private sector jobs at a rate much higher than in 2011 and 2012. For the first time in three years, job gains were noted in all private sector categories.

Florida had a good year for job creation in 2013, creating the highest per capita job increases for any of the high-population states in the U.S. This, along with the continuing decrease in the state’s unemployment rate, shows that Florida’s economy has accelerated its job creation over the last two years and continues to improve.

Looking at potential job growth in 2014, Florida’s economy is expected to continue to produce jobs in sectors important in diversifying the economy and creating high-wage jobs. Florida’s key investments in infrastructure, led by improvement in our ports and connected parts of the logistics infrastructure will pay dividends. These investments, along with continued recruitment of companies to Florida as well as the expansion of Florida’s existing companies will continue to produce jobs that will provide good incomes for Florida families, and keep graduates of Florida colleges and universities in our state.